Money Talks: April 2016
The Philippines is still reeling under the effects of El Niño and it is
expected to persist over the next few months. Traditionally, soaring heat
induced by the El Niño phenomenon translates to a higher consumption
of electricity and water – to stem the uncomfortable situation people find
themselves in. While this may imply a windfall period for power and water
utility companies, this is only true if there is enough electricity and water
to dispatch to those that demand it. Are we heading for a power and water
supply crunch?